BENSALEM, Pa.–(BUSINESS WIRE)–$JELD #fraud–Law Offices of Howard G. Smith announces an investigation on behalf JELD-WEN Holding, Inc. (“Jeld-Wen” or the “Company”) (NYSE: JELD) investors concerning the Company and its officers’ possible violations of federal securities laws.
On October 15, 2018, after the market closed, Jeld-Wen reported a $76.5 million charge for third quarter 2018 related to ongoing litigation concerning Jeld-Wen’s anticompetitive behavior. The Company also announced the resignation of its Chief Financial Officer, Brooks Mallard.
On this news, the Company’s stock price fell $4.03, or 19%, to close at $17.28 per share on October 16, 2018, thereby injuring investors.
If you purchased Jeld-Wen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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Law Offices of Howard G. Smith
Howard G. Smith, Esquire